Bapepam-LK has allowed PLN to double the value of its bonds

Saturday, January 9th, 2010

The Capital Market and Financial Institutions Supervisory Board (Bapepam-LK) has allowed state electricity firm PT Perusahaan Listrik Negara (PLN) to double the value of its bonds offered to Rp3 trillion. Bapepam allowed PLN to do so after the bonds were oversubscribed, PLN Finance Director Setio Anggoro said in a press statement ...

SMS Finance to issue Rp200 billion worth of bonds

Thursday, December 10th, 2009

Financing company PT Sinar Mitra Sepadan Finance (SMS Finance) plans to issue bonds worth Rp200 billion in January 2010 to finance its motorcycle credit financing business. The bonds will be issued in three series, each maturing in 370 days, 2 years and 3 years, according to the company`s prospectus published on ...

BNI to issue US$300 m in subordinated bonds

Wednesday, October 28th, 2009

Bank Negara Indonesia (BNI), the country`s third largest state lender, plans to issue subordinated bonds estimated at US$300 million late this year or early next year. The bonds to be issued at a yield of 7-8 percent will be payable in 5-10 years, the bank`s treasury and international affairs director, Bien ...

Demand for cash to rise ahead of holiday

Saturday, September 5th, 2009

Demand for cash to rise ahead of holiday Bank Indonesia predicts demand for cash will increase 160 percent reaching Rp54.2 trillion ahead of the post-Islamic fasting month holiday of Lebaran. The central bank`s deputy governor, Budi Rochadi, said at a press conference here on Friday the cash demand would consist of Rp49/5 ...